means of global retailing
Answers
Explanation:
Global retailing is the concept of selling products (i.e., goods and services) across the geographical boundaries of a country to the consumers available in the different parts of the world to attain global presence and recognition and to capture the opportunities prevailing in the potential overseas markets.
Global retailing is the concept of selling products (i.e., goods and services) across the geographical boundaries of a country to the consumers available in the different parts of the world to attain global presence and recognition and to capture the opportunities prevailing in the potential overseas markets.
One of the most common strategies of global retailing is franchising the business model, brand, procedures, copyrights, etc. and establishing the franchise outlets in different countries. It is a suitable strategy for culturally distant and accessible to enter markets.